In the last few weeks, the forex prop trading community has been hit by different unexpected news events and very sad stories. From MetaQuotes (metatrader) suspending some prop firms, to the abrupt payout denials by The Funded Trader (and its tragic crash or closure), it has been an unfortunate start of the year for some traders.
I sympathize with prop traders who have lost their accounts & funds as aresult of TFT’s closure. The pain of suddenly not getting (or having access to) your reward, payment, or trading profits cannot be explained — It crushes the soul.
But at the end of the day, what can you do?! You’ve got to stand strong, be positive, and look forward to something better, asafe home (prop firm) that will help you excel in your prop trading career and achieve your financial goals.
Before you join another prop firm and continue from where you “stopped” at TFT, you first want to consider certain metrics, such as the firm’s payout history/record, its customer service culture, business ethic, its potential to be sustainable and most importantly, its reputation or customer feedback (reviews).
Today, Iwish to share with you one prop firm that has checked these boxes. Aprop firm that has proven to be very reliable & stable in terms of payouts, customer service, etc., and has asustainable business model (one of the best alternative prop firms for traders from The Funded Trader):
RebelsFunding.
Let’s look at why RebelsFunding is agreat option for you:
1. Payout at The Funded Trader vs RebelsFunding
Before The Funded Trader’s closure, several customers had raised alarms, accusing the prop firm of denying their payout requests for no concrete or legitimate reason. Sadly, traders who ignored the incipient and simmering complaints paid more than they bargained.
In this situation, one may be tempted to think that traders’ payouts were never “prioritized” by TFT.
On the other hand, at RebelsFunding, traders’ payouts is atop priority. RF is one of the firms with the smoothest payout (withdrawal) process. You can initiate apayout request 14 days after your first trade on your funded account and receive your money within 3 to 16 hours. No hassle, no stress, no ill-practice, no illegitimate payout denials.
Your payment is guaranteed.
Since inception, RebelsFunding has paid over $300,000 to its traders. Every trader at RF is happy and very satisfied in this regard.
Payout/withdrawal testimonies in their community tells the story better.
2. Programs and profit-sharing structure at RebelsFunding
At RebelsFunding, you can get afunded account for as low as $25, get up to 90% profit share (depending on the program you choose), and up to 200% refund of your program’s purchase fee.
That is, if you successfully pass the evaluation stage of the $25 program (for example), you get 200% of $25 with your first payout. This means you get extra $50 for free.
4. Withdrawal options
At RebelsFunding, you can withdraw aminimum of $50, and there are no limits to the maximum amount you can withdraw.
You can receive your funds via Rise, bank, crypto, Wise, etc.
5. Customer support at The Funded Trader vs RebelsFunding
There have been several complaints by some traders that TFT’s customer support is unresponsive and unhelpful. Iunderstand how frustrating this can be when you really need help or someone to talk to.
At RebelsFunding, the customer support team works 24/7 (Monday to Sunday, all day round).
They are one of the most responsive, friendly and understanding support team Ihave experienced.
You can communicate or share your problems with asupport agent via the live chat on their website, or via email, Facebook, Twitter (X) and Discord.
6. Trading platform & tools at TFT vs RebelsFunding
TFT recently migrated to anew trading platform (DXTrade), and it is suggested that the migration may have played abig role in the sudden malfunctioning of the firm and its subsequent crash.
RebelsFunding (on the contrary) has had an in-house trading platform (RF-Trader) right from the onset, and has not experienced any sort of instability. They cannot be affected by regulatory policies of external or third party trading platforms.
The RF-Trader is amodern and easy-to-use trading platform. It is integrated with TradingView chart. It has asimple dashboard with everything you need for successful trading.
You have arisk management calculator, you can switch between the bid and ask charts, you can view spread history, you can instantly monitor drawdowns, and many more.
RF-Trader is the trading platform you need.
7. Reviews between TFT and RebelsFunding
On Trustpilot, TFT currently has arating of 4.0/5.0, while RebelsFunding has 4.4/5.0. RF has more positive reviews. There are alot of satisfied customers and reasonable recommendations, too.
In conclusion, RebelsFunding is agreat option for traders from The Funded Trader. It is asafe & stable prop firm that prioritizes traders’ payouts and customer satisfaction.
With its own trading platform and asolid business model, your forex prop trading growth is guaranteed.
RebelsFunding is the safe home for you.
